Broker News – Page 94
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News
Aston Lark hires ex-Marsh regional director for senior role
The broker has significant ambitions for its London market capability, which the new recruit will help drive
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News
Aon using IoT to cover Covid-19 vaccine supply chain is ‘game changer’ says GlobalData
The insurer can establish trigger points, leading to faster claims settlements
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Simply Business partners with RSA to launch SME shop insurance
Supporting small businesses will be ‘crucial’ in the industry’s ‘collective recovery’
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GRP-owned Crotty Insurance buys commercial insurance broker
The deal will help Crotty ‘generate momentum in the Irish broking market’ says GRP
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McGill and Partners secures new strategic advisor from Aon
The new hire says the position ‘is a unique opportunity and one that I simply could not let pass’
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Gallagher hires new reinsurance chief executive from Aon
The new hire brings 17 years of experience from broker Aon as the business enters the next chapter of its ‘growth story’
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News Analysis
'Unified action' needed to address challenges in professional indemnity insurance
An expert panel at Biba’s annual conference last month debates the ongoing challenges in professional indemnity insurance and what changes should be made
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News
MGA Kitsune finds new home with car insurance broker
Broker Brightside originally announced last November that Kitsune would be put into run-off for failing to meet specified returns
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CPP Group UK inks three-year cyber contract with Partners&
The SME market is a key growth area for cyber, but existing products are ’unnecessarily complex and unsuitable’
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News
Howden launches ESG-focused insurer
The new business, which plans to begin underwriting from 1 January 2022, indicates ‘a step towards facilitating long-term industry change’ around resilience
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Drone broker gears up for international growth after securing £1m funding
The company will continue to develop its products for new drone applications
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Ethos Broking UK expands East Anglia footprint with third buy this year
The broker’s M&A strategy remains unaffected despite the Covid-19 pandemic
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First Central Group announces chief financial officer succession
The new CFO has previously worked for Direct Line Group, Quilter and PWC, to name a few
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News
The FCA’s pricing policy changes could be ‘profound’
Abolishing ‘unethical price walking’ could encourage insurers to find ‘more innovative ways’ to ‘rip off’ customers
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News
Revealed: Who are the top ethnic minority leaders and role models in 2021?
Ethnic minority insurance leaders from Aon and Aviva have made it onto Yahoo Finance’s lists again this year
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News
Ardonagh Group to buy insurance operations from tech firm for $500m
The move will bring ‘two of the last remaining independent outfits of scale together to create the largest privately owned specialty broker in London’, says broker chief exec
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News
Biba renews contract with professional indemnity broker
Biba’s head of technical services noted the ’challenging market conditions’ the sector is experiencing around professional indemnity
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Partners& buys Devon-based broker to boost South West presence
Chief executive Phil Barton says the acquisition aligns with Partners&’s client-first values
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News
Pace of broker consolidation is ‘a cause for concern’ – WTW Networks
Consolidators have been using the Covid-19 pandemic ‘as a bit of a lever to push people’ into considering selling up ‘sooner rather than later’, says regions MD